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Japan Biosimilars - ¥200b Worth of Biologic Products Going Off Patent by 2015
Date:2/12/2013

MUMBAI, India, February 12, 2013 /PRNewswire/ --

Bharat Book Bureau has announces the release of its latest report - Therapeutic Class Report Overview - Japan Biosimilars

(http://www.bharatbook.com/market-research-reports/healthcare-market-research-report/therapeutic-class-report-overview-japan-biosimilars.html)

Abstract

¥200b worth of biologic products is going off patent by 2015 and this value exceeds ¥500b if we include products that will see their patent expiries by 2021 in Japan. There are a number of reasons to believe that follow-on-biologics or biosimilars will not replicate the lethargic growth story of generic - preliminary because the much higher cost of biologic therapy brings significant burden on patients despite relatively low co-pay in Japan - and this will push individuals and DPC Hospitals to use biogeneric products to a greater extent unlike generic drugs. Secondly, the regulatory supports are going to be stringent enough to ensure quality measures and leave no room for imported products, thus eliminating the 'not made in Japan' factor from prescribers' and users' mindsets.

     (Logo: http://photos.prnewswire.com/prnh/20130128/590935)

Anticipating this opportunity and favorable macro forces as compared to generics, a number of companies aim to exploit this - Japan has seen a flood like consolidation and partnering activities in biosimilar space. While a dozen+ companies have already laid their road map for biosimilars space, at this ti
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SOURCE Bharat Book Bureau
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